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Patta land in Periyar Nagar, Kundrathur, Chennai

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Patta land in Periyar Nagar, Kundrathur, Chennai

Last updated: October 12 2018
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  • Patta land in Periyar Nagar, Kundrathur, Chennai

    Hi friends,

    I'm going to buy a Patta land size of 2000 sq.ft in Periyar Nagar, Kundrathur, The plot also having a house of super built up area 1200 sq.ft. Since, the plot is in outskirts of Chennai, it doesn't have CMDA or DTCP approval. I don't have any experience in purchasing properties. Is it safe to buy this plot? Will I get bank loan for this property? Please help.







    Last edited October 11 2018, 06:31 PM.
  • #2

    #2

    Re : Patta land in Periyar Nagar, Kundrathur, Chennai

    About bank loans, not all banks would provide loans for unapproved land and building. Ive heard that with Panchayat approval, federal bank, DHFL provide loans.

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    • #3

      #3

      Re : Patta land in Periyar Nagar, Kundrathur, Chennai

      Now the recent govt. had announced the Regularisation Scheme of the unapproved land, you can apply online and get the land regularised first.

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